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Commercial, For Sale, Business, Retail, Brisbane, Queensland

EMAIL TO A FRIEND
Brisbane QLD
EXPRESSIONS OF INTEREST

EARLES PAINTS. 4 STORES FOR SALE. SLACKS CREEK HERVEY BAY, MARYBOROUGH, KINGAROY

This is an extraordinary opportunity to purchase a well-known and well respected Paint Company.  Earles Paint Place is a family run & owned business, established in 1936.  There are 4 stores which cover a large part of the South East corner of Queensland. The shops are located in Maryborough,  Hervey Bay, Slacks Creek and Kingaroy.  Earles Paint Place has been servicing Queensland for over 80 years. Earles Paint Place is an independent trade outlet for Wattyl and Taubmans.   All stores have a large range of paints for all paint types including, automotive paints, exterior, interior, Marine, Metal, Industrial Paints and Timber Finishes. Plus all the accessories to support these products. The customer base consists of around 35% retail customers and around 65% of trade sales. The business is highly syste

This is an extraordinary opportunity to purchase a well-known and well respected Paint Company.  Earles Paint Place is a family run & owned business, established in 1936.  There are 4 stores which cover a large part of the South East corner of Queensland. The shops are located in Maryborough,  Hervey Bay, Slacks Creek and Kingaroy.  Earles Paint Place has been servicing Queensland for over 80 years.

Earles Paint Place is an independent trade outlet for Wattyl and Taubmans.   All stores have a large range of paints for all paint types including, automotive paints, exterior, interior, Marine, Metal, Industrial Paints and Timber Finishes. Plus all the accessories to support these products.

The customer base consists of around 35% retail customers and around 65% of trade sales. The business is highly systemised including full documentation of all systems which enables the team to operate in the absence of the owners. This means prospective purchasers can focus on running the business instead of it running them.

In excess of 800 Customer accounts on our own paper work. Plus, the Wattyl, Haymes and Taubmans Independent Trade Clients.

Regular Retail Customers and a data base through our YES CLUB and mail chimp facilities. The business has over 800 Yes club members in Queensland.

Earles Paint Place are supported by the Paint Place buying group. There are over 110 stores in the buying group, this gives the business strength in the market place. Paint Place also help with advertising accruals, catalogues, Yes Club, social media advertising.

 

THE BRANCHES/OUTLETS:

Hervey Bay is at 48 Torquay Road in Pialba. It’s a central location being that the Hervey Bay area is Stretched out. The location is beside Office Works and diagonally across from Woolworth’s super market.  The shop is quite large and is over 300sm in size. There is also a shed where our forklift is housed and pallet Racking in the rear car park.  Long lease can be secured and should new owner wish too the premises can be purchased at a negotiated amount.

Maryborough is 276 Adelaide Street. It’s a great location beside Woolworths Super Market, in the CBD.  The shop is quite large and is over 250sm in size, plus there are 4 offices and 3 storage areas along with a loading dock.  Long lease can be secured and should new owner wish too the premises can be purchased at a negotiated amount.

Kingaroy is located on the corner of Youngman & Haly Street, which is one of Kingaroy’s main intersections. This is on the main Highway that takes you to Dalby and Murgon. This store is on the corner with a pub and a Thirsty Camel bottle shop and McDonald’s across the road.  It too has a secured lease on the building with very reasonable rent.

Slacks Creek branch is located shop 2/3349 Pacific Highway. It too is a great location with Moss Street as the closest intersection. Moss Street has a number of automotive shops like Super Cheap and many specialty auto businesses. It is located between a tile shop and an electricity wholesaler and is on the same stretch of the road as Ikea and a lot of other home renovating shops. You can see the shop from the M1.   It is over 300 m2, has an office in the show room area, as well as a boardroom plus 2 more offices upstairs.  Premises are also rented with secure lease in place.

 

THE TEAM:

There are 17 dedicated Employees, who are well trained and extremely reliable.  Plus plenty of support will be provided by management to ensure a smooth transition.

 

THE OPPORTUNITIES:

The business has been extremely well run with plans already in place for continued growth and expansion.  A comprehensive business plan including strategies for improvement is available upon request.

 

WHAT’S INCLUDED IN THE SALE :-

* All equipment, vehicles, forklifts, machinery, fixtures & fittings are included in the sale.  (a full asset list will be provided on request).

* Stock will be sold at valuation

* Training in Attache point of sale system, Management Training, Product Training and Systems Training

* Handover support as required (to be negotiated)

* Data Base

* There are over 800 customer accounts & COD’s throughout the stores

* The YES CLUB data base allows you to contact customers through the Paint Place buying group. The data base has 824 members at this time.

* Mail Chimp allows us to send our clients marketing emails through our own data base.

 

EXPRESSIONS OF INTEREST ARE SOUGHT :-

* A detailed “Non-Complete” clause will be defined in the contract.

* Support will be provided (at an agreed level during purchase negotiations) throughout the transitional period.

* At any time, we agree with you to swap or sell paint at the cost price at any stores still in the Earles Group

* Owner will consider to split each store or sell all as one.

Property Detail

Property ID:

17887

Type:

Commercial

240
Address:

Brisbane QLD

Contact The Owner

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